TD Waterhouse Canada Inc. Buys 20,051 Shares of The Goldman Sachs Group, Inc. $GS

TD Waterhouse Canada Inc. boosted its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 37.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,869 shares of the investment management company’s stock after acquiring an additional 20,051 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in The Goldman Sachs Group were worth $58,105,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Harbor Capital Advisors Inc. purchased a new stake in shares of The Goldman Sachs Group during the 3rd quarter valued at about $26,000. First PREMIER Bank bought a new position in shares of The Goldman Sachs Group during the 3rd quarter valued at approximately $28,000. Corundum Trust Company INC purchased a new stake in The Goldman Sachs Group in the 3rd quarter worth approximately $29,000. Dogwood Wealth Management LLC increased its holdings in The Goldman Sachs Group by 1,800.0% in the 2nd quarter. Dogwood Wealth Management LLC now owns 38 shares of the investment management company’s stock worth $26,000 after acquiring an additional 36 shares in the last quarter. Finally, Elevation Wealth Partners LLC raised its stake in The Goldman Sachs Group by 100.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock worth $32,000 after acquiring an additional 20 shares during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Wall Street Analyst Weigh In

GS has been the topic of several recent analyst reports. Daiwa Capital Markets raised their price objective on shares of The Goldman Sachs Group from $823.00 to $927.00 and gave the company a “neutral” rating in a research report on Tuesday, January 6th. Dbs Bank lifted their target price on The Goldman Sachs Group from $800.00 to $890.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Zacks Research raised shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 19th. Jefferies Financial Group increased their price objective on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Finally, Wells Fargo & Company upped their target price on The Goldman Sachs Group from $970.00 to $1,050.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $898.00.

Insider Activity

In related news, insider Kathryn H. Ruemmler sold 9,589 shares of the company’s stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $927.51, for a total value of $8,893,893.39. Following the transaction, the insider directly owned 18,533 shares in the company, valued at approximately $17,189,542.83. This represents a 34.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director David A. Viniar sold 19,796 shares of the firm’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $964.27, for a total value of $19,088,688.92. Following the sale, the director directly owned 103,390 shares of the company’s stock, valued at approximately $99,695,875.30. This trade represents a 16.07% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 84,395 shares of company stock worth $80,824,289. Corporate insiders own 0.55% of the company’s stock.

Key Headlines Impacting The Goldman Sachs Group

Here are the key news stories impacting The Goldman Sachs Group this week:

• Positive Sentiment: Goldman raised its quarterly dividend to $4.50 (annualized $18.00), a sign of confidence in capital generation and shareholder returns — this supports valuation and income-seeking flows. Goldman Sachs Soars on Q4 Post, Strong Investment Banking Outlook
• Positive Sentiment: Goldman promoted seven partners into its top leadership group, signaling deeper management capacity to drive growth across investment banking, markets and asset/wealth management. Goldman Sachs Adds Seven Partners to Top Leadership Group
• Positive Sentiment: RBC Capital reiterated franchise strength, calling GS a “preeminent global investment bank,” which supports analyst sentiment and helps justify higher target prices. RBC Capital—Preeminent Global Investment Bank
• Positive Sentiment: Goldman’s BDC priced a $400M notes offering, reflecting funding access for its credit unit and potential deployment into yield-producing assets. GS BDC Prices $400M Notes Offering
• Neutral Sentiment: Goldman research and bench in AI/semiconductors remain highly visible (top picks, spending forecasts), supporting future M&A and trading flow potential but with indirect near-term earnings impact. Goldman Sachs Semiconductor Stocks: Top 12 Picks 10 AI Stocks in Focus on Wall Street
• Neutral Sentiment: Macro & commodities research (gold and silver outlooks; investor risk appetite commentary) highlights franchise expertise and can drive trading revenue seasonally, but effects are uneven. Why Gold Prices Are Rising — Goldman Sachs View
• Neutral Sentiment: Competitive dynamics: JPMorgan is pushing its M&A bankers to close the gap with Goldman, underscoring an active competitive landscape in advisory fees and market share. JPMorgan Tells Its M&A Bankers to Do More to Close the Goldman Gap
• Neutral Sentiment: Goldman’s analysts provided neutral/in-line coverage on names like RTX (helps clients but limited direct impact on GS shares). RTX Beats Q4—Goldman Note
• Negative Sentiment: Significant insider selling: multiple senior executives (including the treasurer, CAO and other high‑profile insiders) disclosed large share sales last week — a near‑term negative for sentiment and could increase supply pressure. Top Goldman Sachs Insiders Quietly Cash Out Example SEC Form 4
• Negative Sentiment: Staff departure: Goldman’s head of precious‑metals trading, Benjamin Binet‑Laisne, left to join Mercuria — loss of trading leadership could affect that desk’s performance and client relationships. Goldman’s Former Head of Precious Metals Set to Join Mercuria

The Goldman Sachs Group Price Performance

Shares of The Goldman Sachs Group stock opened at $936.69 on Thursday. The stock has a market capitalization of $280.94 billion, a P/E ratio of 18.26, a PEG ratio of 1.14 and a beta of 1.33. The Goldman Sachs Group, Inc. has a 12 month low of $439.38 and a 12 month high of $984.70. The business has a 50 day simple moving average of $891.48 and a two-hundred day simple moving average of $805.95. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.13 and a quick ratio of 0.65.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, topping the consensus estimate of $11.52 by $2.03. The business had revenue of $15.71 billion for the quarter, compared to analyst estimates of $14.30 billion. The Goldman Sachs Group had a return on equity of 15.19% and a net margin of 13.73%.The company’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $11.95 EPS. As a group, analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be issued a $4.50 dividend. This represents a $18.00 annualized dividend and a yield of 1.9%. The ex-dividend date is Monday, March 2nd. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 31.20%.

The Goldman Sachs Group Profile

The Goldman Sachs Group, Inc is a global investment banking and financial services firm headquartered in New York City. Founded in 1869 as a commercial paper business, the company has grown into a diversified financial institution that provides a broad range of services to corporations, financial institutions, governments and individuals. The firm is led by Chief Executive Officer David M. Solomon and operates across major financial centers worldwide.

Goldman Sachs’ core businesses include investment banking, global markets, asset and wealth management, and consumer banking.